IG Petrochemicals Ltd

IG Petrochemicals Ltd: Trading window closed from 1 October 2026; will reopen 48 hours after the announcement/declaration of the financial results for the quarter ending 30 September 2026.

Meeting Details

• 22 September 2026, 2:00 PM IST onwards.
• Nature: One-on-One/Group Meeting; Mode: Physical (Mumbai).
• Organised by: Anand Rathi Annual Flagship Conference.
• Location: Mumbai.
• Attendees: Company officials to attend investor conference.
• Purpose: discussions based on publicly available information.

Filing context

• Transcripts for the quarter ended 30 June 2026 are available on the company's website.

Meeting Details

• 7 August 2026, time not disclosed; earnings call with Investors & Analysts via teleconference.
• Type and mode: group earnings call via teleconference (virtual).
• Event: Earnings Call for Q1 FY2026-27.
• Key participant from the company: Company Secretary.
• Purpose: discuss Q1 FY2026-27 earnings results.
• Recording: audio available on company website (Earnings Call Q1_FY2026-27).

AGM details

• Date of AGM: 6 August 2026; mode: VC/OAVM; no physical meeting.

Resolutions and outcomes

• Resolution 1: Adopt audited standalone and consolidated financial statements.
• Outcome: Passed; 99.83% in favor.
• Resolution 2: Declare dividend for year ended 31 March 2026.
• Outcome: Passed; overall 99.83% in favor, with some opposition from public institutions.
• Resolution 3: Appoint Shri Nikunj Hanuka as Director (re-appointment).
• Outcome: Passed; 99.79% in favor.
• Resolution 4: Remuneration by way of commission to non-executive directors.
• Outcome: Passed; public institutions largely opposed (10.58% in favor).
• Resolution 5: Re-appointment of Shri Sagar Jadhav as Executive Director.
• Outcome: Passed; overall 99.83% in favor; public institutions opposed.
• Resolution 6: Ratification of remuneration of Cost Auditor.
• Outcome: Passed; overall 99.83% in favor; some opposition.

Dividend details

• Dividend per share amount not disclosed in filing.

Directors / appointments

• Director changes: Shri Nikunj Hanuka appointed; Shri Sagar Jadhav re-appointed as Executive Director.

Auditors

• Remuneration of Cost Auditor ratified; tenure not disclosed.

Related party transactions

• No material related party transactions disclosed.

Business Overview

• Largest single-site PAN complex with 275,110 MTPA capacity at Taloja.
• Sole domestic MAN producer; integrated PAN–MAN–DEP and plasticizer plant.
• Diversifying revenue mix to reduce single-product dependence.

Operational Highlights

• Q1 FY27 revenue ₹625 cr; up 30% YoY.
• EBITDA ₹120 cr; margin 19.2%.
• PBT ₹94.9 cr; PAT ₹71.0 cr.
• Exports ~10% of revenue; Non-Phthalic revenue ₹49 cr.
• Plasticizer plant: mechanical completion achieved March 2026; production expected Q2 FY27.
• CBG project: mechanical completion targeted Q3 FY27.

Financial Performance

• Q1 FY27 revenue ₹625.1 cr; YoY growth 30%.
• Q1 FY27 EBITDA ₹120 cr; margin 19.2%.
• Q1 FY27 PAT ₹71 cr; PAT margin 11.4%.
• FY26 revenue ₹1,953.7 cr; EBITDA ₹130.4 cr; PAT ₹23.2 cr.

Capital Structure & Liquidity

• Capex funded largely from internal accruals; zero net debt.

Strategic Priorities & Outlook

• DEP debottlenecking and downstream expansion to support long-term growth.
• CBG project targeted completion by Q2 FY27 to add capacity.
• Make in India and rising domestic demand supporting volumes.
• Sustainability drive: rooftop solar and steam recovery; 70% GHG emissions reduction.

Governance & Leadership

• Chairman & MD: Nikunj Dhanuka; CEO: Mayank Dhanuka.
• CFO: Pramod Bhandari; Senior Leadership: Sanjoy Datta as President - New Business Initiatives.
• Independent directors include Shrikant Somani and Girija Balakrishnan.

Standalone results

• Standalone revenue from operations Rs 61,779.96 lakh; QoQ +17.8%.
• Total income Rs 62,507.12 lakh; QoQ +17.9%.
• PBT Rs 9,491.79 lakh; QoQ +51.5%.
• PAT Rs 7,097.02 lakh; QoQ +90.9%.
• EPS Rs 23.04 for Q1 FY27.
• Single reportable segment: manufacture and sale of organic chemicals.

Consolidated results

• Consolidated total income Rs 62,441.09 lakh; QoQ +18.0%.
• Consolidated PBT Rs 9,038.85 lakh; QoQ +123.9%.
• Consolidated PAT Rs 6,644.08 lakh; QoQ +136.8%.

Meeting Details

• Board meeting scheduled for 5 August 2026 to consider unaudited results for quarter ended 30 June 2026.

Key Agenda Items

• Consider and approve unaudited standalone and consolidated results for quarter ended 30 June 2026.

Other Notes

• Trading window closed from 1 July 2026 to 7 August 2026; reopens on 8 August 2026.